Product Manager, Medical Devices Salary

Average Product Manager of Medical Devicess in the United States make around $85K per year. The majority of workers are highly satisfied with their job. Women make up a slight majority of Product Manager of Medical Devicess (54 percent) survey respondents. Medical benefits are awarded to almost all, and nearly all earn dental coverage. The numbers in this rundown were provided by PayScale's salary survey participants.
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$52,738 - $129,563

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$52,738 - $129,563  
   
Bonus
$0.00 - $15,998  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$53,309 - $139,380  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 86
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Job Description for Product Manager, Medical Devices

A product manager creates strategies and plans to implement medical devices into markets and to market them to appropriate parties. The product manager may oversee a sales and marketing team and may provide them with direction, including giving them tactics and tools in which to promote the products.

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Product Manager, Medical Devices Tasks

  • Identify markets and potential clients, as well strategies for building relationships.
  • Manage all sales for medical devices, from initial contact to analytics about markets.
  • Lead market research and customer outreach initiatives.
  • Mentor and train staff.

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Pay by Experience Level for Product Manager, Medical Devices

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Product Manager of Medical Devicess who reported more years of relevant experience also reported higher earnings. Individuals with less than five years' experience take home around $74K. In contrast, though, people who have been on the job for five to 10 years report a six-figure median of $103K. On average, Product Manager of Medical Devicess make $110K following one to two decades on the job. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $139K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

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Experience Affects Product Manager, Medical Devices Salaries

Late-Career
up arrow 56%

Experienced
up arrow 22%

Mid-Career
up arrow 15%

National Average
$90,000

Entry-Level
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

1-4 years
36%
5-9 years
30%
10-19 years
25%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 98% dental benefits Dental: 91%
vision benefits Vision: 78% employee benefits None: 1%
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